Joel Bentley
I have refinanced wrong any suggestions?
I recently refinanced my first home (muli family) like a brrr and did a cash out refinance. My hope were to use a FHA loan for another 10% down loan.Now I have closed and found out my new loan is a FHA loan and that ...
Anthony Stancato
Financing for Rental Property Using Projected Future Income
I’m trying to find some options for getting a mortgage on a rental property. I was reading an article that stated:“An appraiser can create a rented income schedule to show what the property will typically rent for,” D...
Ross Aveila
Financing options for STR
I am new to real estate investing so appreciate any guidance on this topic. I am looking at investing in my first STR. I'd like to finance the property, but currently we are tapped out in terms of conventional loans. ...
Sante R.
Hard Money Lenders
Hi BP community, as a new investor we all know that obtaining financing is nearly impossible. Can anyone give a little insight on using hard money lenders...Good, Bad, maybe ??
Thanks
Cheri Markt
Self Directed IRAs, Buying REOs, Renting in College Town- Books?
I am a new investor currently absorbing as much info as possible to start out on the right foot. Can you recommend books (or other sources of info) to learn more about:- Self Directed IRAs: Pros/Cons, how the process...
Bhai Shah
Bank/Lender recommendations for Commercial loan
Hello BP members,I am excited about offer getting accepted on our first MF Investment property in South TX market. Now comes the hard part, I am looking for a commercial loan with 20% down and 25-30 year term with 5% ...
Kwamena Odum
Are there lenders willing to be second on rehab loans
Hello All,I am looking for financing on a deal,Deal-Contracted at $350.000.00, rehab costs: $100-110.000.00, ARV: $550-575.000.00Looking for 100% purchase and rehab lending.This property is in the Petworth neighborhoo...
Jaden MacRabie
Start Up Loan Information
Can I use a DSCR loan while putting an investment property under my LLC? My LLC has no business credit at this time because it has just been opened. I also have no down payment $. Can I use a “no doc” loan through my ...
Victor Aponte
Private Lenders
Hello Forum,I am getting involved in real estate rehab/flipping houses business. I own a residential contracting company but I am ready to go to next level. I have contacted some private lenders in order to get some f...
Dustin Allen
One Time Close Construction Loans
Before the pandemic, we were looking at using an FHA one time close construction to permanent loan to build our primary residence. It offered 3.5% down, lot purchase included in loan, no payments til construction fin...